World Markets

The Nikkei 225 index in Japan closed 2.92 (+0.03%) points higher to 9,354.32. Most other markets around the world were lower. The Shanghai composite index was down 0.80 percent and the Hang Seng was down 0.44 percent.

The S&P ASX 200, which tracks the Australian Stock Exchange, closed down 33.20 (-0.74%) to 4,451.70. The BSE Sensex, which tracks the Bombay Stock Exchange, fell 348.24 points (-1.95%) to 17,522.29.

(Best Syndication News) Stock markets throughout the world were lower today, but two indexes in the United States advanced (see stock charts below). As the Greek sovereign debt crisis heats up, investors are looked for safe havens. The Shanghai composite, the Hang Seng, the S&P ASX 200, the Brazil Bovespa and the Canada S&P/TSX indexes all hit 100-day lows on Thursday.

Dow Jones

The Dow Jones Industrial Average advanced 64.25 points (+0.54%0 to 11,961.52 Thursday after a day of steep declines (see World Market chart below).

As the company held their conference call after presenting their Q1 2012 earnings release, the share price began to plummet.

The earnings per share was in line with estimates. The company announced earnings of $1.33 per share and analysts expected $1.32. The problem was with the revenue and sales of their BlackBerry PlayBook. There are concerns that the company can’t compete against the market leader, Apple.

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